BBD-B.TO vs. APLD
BBD-B.TO (Bombardier Inc) and APLD (Applied Digital Corporation) are both stocks. BBD-B.TO operates in Aerospace & Defense (Industrials), while APLD operates in Information Technology Services (Technology). Over the past 10 years, BBD-B.TO returned 19.84%/yr vs 122.62%/yr for APLD. At a 0.06 correlation, their price movements are largely independent.
Performance
BBD-B.TO vs. APLD - Performance Comparison
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Different Trading Currencies
BBD-B.TO is traded in CAD, while APLD is traded in USD. To make them comparable, the APLD values have been converted to CAD using the latest available exchange rates.
Returns By Period
In the year-to-date period, BBD-B.TO achieves a 29.55% return, which is significantly lower than APLD's 70.03% return. Over the past 10 years, BBD-B.TO has underperformed APLD with an annualized return of 19.84%, while APLD has yielded a comparatively higher 122.62% annualized return.
BBD-B.TO
- 1D
- -0.83%
- 1M
- 4.68%
- YTD
- 29.55%
- 6M
- 30.43%
- 1Y
- 200.58%
- 3Y*
- 72.04%
- 5Y*
- 62.44%
- 10Y*
- 19.84%
APLD
- 1D
- 3.63%
- 1M
- 1.32%
- YTD
- 70.03%
- 6M
- 28.53%
- 1Y
- 201.42%
- 3Y*
- 74.84%
- 5Y*
- 117.43%
- 10Y*
- 122.62%
BBD-B.TO vs. APLD - Yearly Performance Comparison
| 2026 (YTD) | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
BBD-B.TO Bombardier Inc | 29.55% | 138.87% | 83.71% | 1.80% | 24.45% | 250.00% | -75.13% | -4.93% | -33.00% | 40.28% |
APLD Applied Digital Corporation | 70.03% | 206.29% | 22.95% | 257.59% | -53.30% | 11,784.02% | 374.40% | -36.79% | 78.86% | -37.84% |
Correlation
The correlation between BBD-B.TO and APLD is 0.31, which is low. Their price movements are largely independent, making them effective diversification partners.
| Correlation | |
|---|---|
Correlation (1Y) Calculated over the trailing 1-year period | 0.31 |
Correlation (3Y) Calculated over the trailing 3-year period | 0.29 |
Correlation (5Y) Calculated over the trailing 5-year period | 0.25 |
Correlation (10Y) Calculated over the trailing 10-year period | 0.14 |
Correlation (All Time) Calculated using the full available price history since Oct 22, 2008 | 0.06 |
Over the past year, BBD-B.TO and APLD have become more correlated (0.31) than their long-term average of 0.06, meaning their price movements have been converging.
Fundamentals
BBD-B.TO:
CA$30.41B
APLD:
$11.12B
BBD-B.TO:
CA$9.32
APLD:
-$0.72
BBD-B.TO:
3.16
APLD:
27.75
BBD-B.TO:
CA$9.60B
APLD:
$390.57M
BBD-B.TO:
CA$1.88B
APLD:
$124.93M
BBD-B.TO:
CA$1.70B
APLD:
-$154.66M
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Return for Risk
BBD-B.TO vs. APLD — Risk / Return Rank
BBD-B.TO
APLD
BBD-B.TO vs. APLD - Risk-Adjusted Trends Comparison
This table presents a comparison of risk-adjusted performance metrics for Bombardier Inc (BBD-B.TO) and Applied Digital Corporation (APLD). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.
| BBD-B.TO | APLD | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | +2.04 | ||
| Sortino ratioReturn per unit of downside risk | +1.83 | ||
| Omega ratioGain probability vs. loss probability | 1.57 | 1.30 | +0.27 |
| Calmar ratioReturn relative to maximum drawdown | 11.42 | 4.08 | +7.34 |
| Martin ratioReturn relative to average drawdown | 31.46 | 9.34 | +22.12 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
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Sharpe Ratios by Period
| BBD-B.TO | APLD | Difference | |
|---|---|---|---|
Sharpe Ratio (1Y)Calculated over the trailing 1-year period | 3.93 | 1.89 | +2.04 |
Sharpe Ratio (5Y)Calculated over the trailing 5-year period | 1.15 | 0.72 | +0.43 |
Sharpe Ratio (10Y)Calculated over the trailing 10-year period | 0.33 | 0.55 | -0.21 |
Sharpe Ratio (All Time)Calculated using the full available price history | 0.13 | 0.08 | +0.04 |
Drawdowns
BBD-B.TO vs. APLD - Drawdown Comparison
The maximum BBD-B.TO drawdown since its inception was -96.85%, roughly equal to the maximum APLD drawdown of -99.78%. Use the drawdown chart below to compare losses from any high point for BBD-B.TO and APLD.
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Drawdown Indicators
| BBD-B.TO | APLD | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -96.85% | -99.78% | +2.93% |
Max Drawdown (1Y)Largest decline over 1 year | -17.67% | -49.63% | +31.96% |
Max Drawdown (3Y)Largest decline over 3 years | -39.54% | -75.60% | +36.06% |
Max Drawdown (5Y)Largest decline over 5 years | -66.64% | -81.69% | +15.05% |
Max Drawdown (10Y)Largest decline over 10 years | -94.84% | -89.96% | -4.88% |
Current DrawdownCurrent decline from peak | -7.21% | -16.93% | +9.72% |
Average DrawdownAverage peak-to-trough decline | -57.05% | -74.94% | +17.89% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 6.40% | 22.31% | -15.91% |
Volatility
BBD-B.TO vs. APLD - Volatility Comparison
The current volatility for Bombardier Inc (BBD-B.TO) is 13.06%, while Applied Digital Corporation (APLD) has a volatility of 32.68%. This indicates that BBD-B.TO experiences smaller price fluctuations and is considered to be less risky than APLD based on this measure. The chart below showcases a comparison of their rolling one-month volatility.
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Volatility by Period
| BBD-B.TO | APLD | Difference | |
|---|---|---|---|
Volatility (1M)Calculated over the trailing 1-month period | 13.06% | 32.68% | -19.62% |
Volatility (6M)Calculated over the trailing 6-month period | 39.50% | 80.31% | -40.81% |
Volatility (1Y)Calculated over the trailing 1-year period | 51.53% | 107.52% | -55.99% |
Volatility (5Y)Calculated over the trailing 5-year period, annualized | 54.78% | 164.77% | -109.99% |
Volatility (10Y)Calculated over the trailing 10-year period, annualized | 60.29% | 300.95% | -240.66% |
Dividends
BBD-B.TO vs. APLD - Dividend Comparison
Neither BBD-B.TO nor APLD has paid dividends to shareholders.
Financials
BBD-B.TO vs. APLD - Financials Comparison
This section allows you to compare key financial metrics between Bombardier Inc and Applied Digital Corporation. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities
BBD-B.TO vs. APLD - Profitability Comparison
BBD-B.TO - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported a gross profit of 245.90M and revenue of 1.57B. Therefore, the gross margin over that period was 15.6%.
APLD - Gross Margin
Gross margin is calculated as gross profit divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a gross profit of 82.52M and revenue of 161.76M. Therefore, the gross margin over that period was 51.0%.
BBD-B.TO - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported an operating income of 175.08M and revenue of 1.57B, resulting in an operating margin of 11.1%.
APLD - Operating Margin
Operating margin is calculated as operating income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported an operating income of -62.13M and revenue of 161.76M, resulting in an operating margin of -38.4%.
BBD-B.TO - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Bombardier Inc reported a net income of 52.13M and revenue of 1.57B, resulting in a net margin of 3.3%.
APLD - Net Margin
Net margin is calculated as net income divided by revenue. For the three months ending on Jun 2026, Applied Digital Corporation reported a net income of -104.11M and revenue of 161.76M, resulting in a net margin of -64.4%.
Frequently Asked Questions
BBD-B.TO and APLD have a correlation of 0.31, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.
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